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How a Contract for Home Purchase Protects Sellers

Handing over house keys and contract during property sale

A contract for home purchase protects sellers by clearly defining terms, timelines, and remedies. It sets the purchase price, payment method, and closing date, reducing uncertainty. Contingencies limit risk and provide orderly ways to withdraw if conditions aren’t met. Seller disclosures and inspection scopes clarify responsibilities and avoid hidden defects. The agreement outlines remedies for […]